This article discusses impairment loss for cash generating unit including goodwill and provides a solution to question 2 in Corporate Accounting & Reporting Assignment. It explains the factors that need to be assessed to judge whether the assets mentioned in the balance sheet needs impairment or not. The article also highlights the relevant disclosures that should be included in the financial statements. The subject is Corporate Accounting & Reporting Assignment, and the course code, course name, and university are not mentioned.